Vedanta Spread Betting
Where Can I Spread Bet on Vedanta? |
You can take a position on Vedanta, plus a wide variety of other spread betting markets, through providers such as:
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| Broker Ratings - Sponsored by IG |
The following table takes the last 5 broker ratings/recommendations and gives a quick overview of the average target share price and creates an average broker rating for Vedanta:
| 13-Jun-13 |  | Buy | Based on last 5 Ratings | 1152 | 1239 | 7.59% |
A look at the latest Vedanta broker ratings:
| 13-Jun-13 |  | Sell | AlphaValue | 1152 | 1008 | -12.50% | | 28-May-13 | | Overweight | JPMorgan | 1287 | 1540 | 19.70% | | 23-May-13 |  | Hold | Jefferies | 1274 | 1200 | -5.81% | | 17-May-13 | | Sell | Societe Generale | 1269 | 949 | -25.20% | | 13-May-13 | | Overweight | JPMorgan | 1288 | 1500 | 16.50% | | 24-Apr-13 | | Sell | Societe Generale | 1205 | 949 | -21.20% | | 22-Apr-13 | | Neutral | HSBC | 1137 | 1280 | 12.60% | | 11-Apr-13 | | Buy | Deutsche Bank | 1168 | 1230 | 5.30% | | 10-Apr-13 | | Overweight | JPMorgan | 1146 | 1500 | 30.90% | | 04-Apr-13 | | Sell | Societe Generale | 1037 | 967 | -6.80% | | 07-Feb-13 | | Add | AlphaValue | 1274 | 1357 | 6.50% | | 14-Jan-13 | | Overweight | Barclays | 1212 | 1445 | 19.20% |
For the latest UK broker ratings see Daily Trading Tips.
The above list of Trading Tips / Broker Ratings is not an exhaustive list of broker recommendations. The above content does not constitute investment advice. All reasonable efforts have been made to present accurate information. Neither CleanFinancial.com nor any contributing company or individual accepts any responsibility for any use that may be made of the above or for the correctness or accuracy of the information provided.
For the sake of clarity, where a broker reiterates a rating with an identical target price within two weeks of the preceding rating, the older identical rating will normally be removed.
Advert:
Vedanta Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on Vedanta with
Financial Spreads.
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Where Can I Find Live Spread Betting Prices and Charts for Vedanta? |
The real time CFDs chart and prices below provides users with a handy overview of the Vedanta share price.
The chart above is provided by Plus500 and typically tracks the Vedanta futures contract (not the spot price).
Should you want to study spread trading prices/charts for Vedanta, you can use a financial spread betting account.
Also, a spreads account would give you access to the short-term daily prices. Such accounts are subject to status, suitability and credit checks.
Should your new account be accepted, you will be able to log in and access the live charts and the current pricing. These are usually provided for free. The catch? You're likely to receive the occasional letter and/or call from the provider.
Of course, if you do decide to trade then you should remember that CFD trading and financial spread betting involve a high degree of risk to your funds and you can lose more than your initial deposit.
Professional Level Charting Packages for Vedanta |
Even though charting software and packages normally differ from provider to provider, in order to assist you with your trading analysis, most charts generally have useful tools and features, including:
- A broad range of time intervals e.g. 2 minutes, 30 minutes, 1 day etc
- Various chart views e.g. candle charts and line charts
- Drawing tools and options e.g. Trendlines, Fibonacci Time Zones, Fans and Arcs
The charts from CapitalSpreads also offer advanced features such as:
- BackTesting, Custom Indicators and Optimisation functions
- Popular overlays e.g. Moving Averages, Bollinger Bands, Linear Regression etc
- A choice of secondary charts e.g. Average Directional Index, TSI, Commodity Channel Index etc
- Automated email alerts for when the markets hit a given price
Sample trading chart from FinancialSpreads
The following spread trading firms give users access to live charts/prices:
Where Can I Spread Bet on Vedanta for Free? |
Investing does involve risk. Having said that, if you would like to open a free Practice Account, where you can check trading charts and try out spread betting, then see below for further details.
In addition, remember that in the UK, financial spread betting is currently tax free*, i.e. there is no income tax, capital gains tax or stamp duty.
If you're looking for a low cost spread betting website, you should note that you are able to spread bet on Vedanta with no commissions or brokers' fees via providers like:
If you want to have a look at an entirely free Practice Account / Test Account where you are able to get a better understanding of spread betting on markets such as Vedanta, then you could always look into:
Each of the above companies currently provide a Test Account that investors can use to try out trading theories, apply an array of trading orders and check professional charts, such as candlestick and line charts.
How to Spread Bet on Vedanta? |
Should an investor decide to invest in firms like Vedanta then one solution could be to spread trade on the Vedanta share price.
Looking at a spread trading website like Capitalspreads, we can see that they have put the Vedanta Rolling Daily market at 1142.5p - 1144.7p. As a result, you can put a spread bet on the Vedanta share price:
 Moving above 1144.7p, or
 Moving below 1142.5p
When financial spread trading on UK shares you trade in £x per penny. Therefore, should you decide to invest £4 per penny and the Vedanta share price moves 22p then that would be a difference to your bottom line of £88. £4 per penny x 22p = £88.
Rolling Daily Equities Markets
One important thing to note is that this is a 'Rolling Daily Market' and therefore there is no set settlement date for this market. If you leave your trade open at the end of the day, it will just roll over into the next trading session.
Should your spread bet roll over, if you are speculating that the market will:
Move up - then you would normally pay a small financing fee, or
Move down - then a small payment is often credited to your account
For more information see Rolling Daily Spread Betting.
Vedanta Rolling Daily - Shares Trading Example |
If you consider the spread of 1142.5p - 1144.7p and assume:
- You've completed your market analysis, and
- You think that the Vedanta share price looks like it will go higher than 1144.7p
Then you may decide that you want to go long of the market at 1144.7p for a stake of £3 per penny.
Therefore, you win £3 for every penny that the Vedanta shares increase and move above 1144.7p. Of course, it also means that you will make a loss of £3 for every penny that the Vedanta market falls below 1144.7p.
Looking at this from another angle, if you were to buy a spread bet then your P&L is worked out by taking the difference between the settlement price of the market and the initial price you bought the spread at. You then multiply that price difference by the stake.
If after a few sessions the shares moved higher then you could consider closing your spread bet in order to guarantee your profit.
Taking this a step further, if the market did go up then the spread, set by the spreads firm, might be adjusted to 1179.0p - 1181.2p. You would close your spread bet by selling at 1179.0p. Accordingly, with the same £3 stake you would calculate your profit as:
Profits (or losses) = (Closing Level - Opening Level) x stake
Profits (or losses) = (1179.0p - 1144.7p) x £3 per penny stake
Profits (or losses) = 34.3p x £3 per penny stake
Profits (or losses) = £102.90 profit
Speculating on equities, by spread betting or otherwise, is not always straightforward. With this example, you wanted the share price to increase. However, it might fall.
If the Vedanta share price weakened, against your expectations, then you might decide to settle/close your spread bet in order to limit your losses.
So if the spread dropped to 1114.3p - 1116.5p then this means you would settle your trade by selling at 1114.3p. That would mean you would make a loss of:
Profits (or losses) = (Closing Level - Opening Level) x stake
Profits (or losses) = (1114.3p - 1144.7p) x £3 per penny stake
Profits (or losses) = -30.4p x £3 per penny stake
Profits (or losses) = -£91.20 loss
Note: Vedanta Rolling Daily equities market quoted as of 19-Oct-12.
Advert:
Vedanta Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on Vedanta with
Financial Spreads.
|
Risk Warning: Spread betting and CFD trading carry a high level of risk to your capital and you may lose more than your initial investment. Spread betting and CFD trading may not be suitable for all investors. Only speculate with money that you can afford to lose. Please ensure you fully understand the risks involved and seek independent financial advice where necessary.
'Vedanta Spread Betting' by DB, updated 17-Jun-13
For related pages also see:
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